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Philippines' Meralco looking to utilize LNG-fed power plants
Meralco is in the middle of assessing the feasibility of putting up LNG-fed power plants.
Oscar S. Reyes, the company president and CEO said they are looking into putting up LNG-fired power plants in Batangas and Quezon.
“We are hoping to probably finish these studies in the first half of next year. By then, we should have a clearer view unless we find something that needs further validation,” he added.
The study covers potential markets and the power plants' logistics and storage facilities, potential suppliers, LNG sources, transmission systems and its costs.
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